消費税率引き上げの直接的な影響 Meaning in English - translations and usage examples

• direct effects of the consumption tax hike
• direct effects of the consumption tax hikes
• direct impact of the consumption tax hike

Examples of using 消費税率引き上げの直接的な影響 in Japanese and their translations into English

先行きについても、消費税率引き上げの直接的な影響を除いた消費者物価上昇率(除く生鮮食品)は、しばらくの間、+1%台前半で推移するとみています。
With regard to the outlook, the rate of increase in the CPI(all items less fresh food), excluding the direct effects of the consumption tax hike, is likely to be around 1-1/4 percent for some time.

日本銀行は、消費税率引き上げの直接的な影響を除いた基調的なベースでみて、2%の「物価安定の目標」を目指しています。
The Bank aims at achieving the 2 percent price stability target on a trend basis that excludes the direct impact of the consumption tax hike.

生鮮食品を除く消費者物価の前年比は、消費税率引き上げの直接的な影響を除いたベースでみて、4月、5月は、それぞれ+1.5%、+1.4%となりました。
The year-on-year rate of increase in the CPI(excluding fresh food) in April and May this year, after excluding the direct effects of the consumption tax hike, registered plus 1.5 percent and 1.4 percent, respectively.

先行きは、石油製品価格等の押し上げ効果が剥落するため、生鮮食品を除く消費者物価の前年比は、消費税率引き上げの直接的な影響を除いたベースでみて、暫くの間、1%台前半で推移するとみられます。
As for the outlook, the year-on-year rate of increase in the CPI(all items less fresh food), excluding the direct effects of the consumption tax hike, is likely to be around 1-1/4 percent for some time as the effects of the upward pressure from prices of petroleum products subside.

以上の点を総合すると、消費者物価(除く生鮮食品、消費税率引き上げの直接的な影響を除くベース)の上昇率は、2015年度を中心とする期間に2%程度に達する可能性が高いとみられます。
Considering the above points, the year-on-year rate of increase in the CPI(for all items less fresh food and excluding the direct effects of the consumption tax hikes) is likely to reach around 2 percent in or around fiscal 2015.

政策を導入した昨年4月に-0.4%だった消費者物価(除く生鮮食品)の前年比は、消費税率引き上げの直接的な影響を除いたベースでみて、最近では+1.3%まで改善しています。
The year-on-year rate of change in the consumer price index(CPI, excluding fresh food) was minus 0.4 percent in April last year when QQE was introduced, but it has improved since then, recently registering 1.3 percent excluding the direct effects of the consumption tax hike.

物価動向をみると、消費税率引き上げの直接的な影響を除いた消費者物価の前年比は、マクロ的な需給バランスの改善や予想物価上昇率の高まりなどを反映して、上昇傾向をたどるとみています。
The year-on-year rate of change in the CPI, excluding the direct effects of the consumption tax hikes, is likely to follow a rising trend, mainly reflecting an improvement in the aggregate supply and demand balance as well a rise in the expected rate of inflation.

なお、物価の現状ですが、消費税率引き上げの直接的な影響を除いたベースでみると、消費者物価(除く生鮮食品)は、昨年12月には、前年比+0.5%の上昇となりました。
With regard to the price developments, excluding the direct effects of the consumption tax hike, the year-on-year rate of increase in the consumer price index(CPI, all items less fresh food) was 0.5 percent for December 2014.

こうしたもとで、昨年4月に-0.4%であった消費者物価(除く生鮮食品)の前年比は、消費税率引き上げの直接的な影響を除いたベースでみて、最近では+1.1%まで改善しています。
Against such a backdrop, the year-on-year rate of change in the CPI, excluding volatile food, which was minus 0.4 percent in April last year, has recently become 1.1 percent excluding the direct effects of the consumption tax hike.

物価面をみますと、生鮮食品を除く消費者物価の前年比は、消費税率引き上げの直接的な影響を除くベースでみて、昨年末以降1%台前半で推移してきました(図表3)。
On the price front, the year-on-year rate of increase in the consumer price index(CPI, all items less fresh food), excluding the direct effects of the consumption tax hike, has been around 11⁄4 percent since the end of last year Chart 3.

消費税率引き上げの直接的な影響を除いたベースでみた消費者物価の前年比が1%台前半であるのに対して、名目賃金は1%台、雇用者所得は2%を上回る伸びで増加しています。
While the year-on-year rate of increase in the CPI has been around 11⁄4 percent excluding the direct effects of the consumption tax hike, that in nominal wages has been in the range of 1-2 percent and that in employee income has been above 2 percent recently.

この間、エネルギーのプラス寄与もあり、エネルギーを含む消費者物価の前年比も上昇を続け、2014年4月には消費税率引き上げの直接的な影響を除くベースで+1.5%に達しています。
During the same period, with the positive contribution of energy items, the year-on-year rate of change in the CPI including energy-- excluding the direct effects of the consumption tax hike-- also continued to rise and reached 1.5 percent in April 2014.

この結果、消費者物価(除く生鮮食品)の前年比は、「量的・質的金融緩和」導入前は0.5%程度でしたが、昨年4月には、消費税率引き上げの直接的な影響を除くベースで、+1.5%まで改善しました。
As a result, the year-on-year rate of change in the CPI(all items less fresh food)-- about minus 0.5 percent before the introduction of QQE-- improved to 1.5 percent last April excluding the direct effects of the consumption tax hike.

物価面をみると、原油価格の下落によって消費者物価(除く生鮮食品)の前年比は縮小してきており、消費税率引き上げの直接的な影響を除いたベースでみて0%台半ばとなっています。
On the price front, the year-on-year rate of increase in the consumer price index(CPI, all items less fresh food) has been slowing, reflecting the fall in crude oil prices, and the rate, excluding the direct effects of the consumption tax hike, is around 0.5 percent.

物価面では、「量的・質的金融緩和」を導入する直前の昨年3月の時点で-0.5%であった生鮮食品を除く消費者物価の前年比は、消費税率引き上げの直接的な影響を除いたベースでみて、1%台前半まで改善しました。
The year-on-year rate of change in the consumer price index(CPI) excluding fresh food, which was minus 0.5 percent in March 2013 immediately before introducing the QQE, has moved to around 11⁄4 percent excluding the direct effects of the consumption tax hike.

物価面では、「量的・質的金融緩和」導入時に-0.5%だった消費者物価(除く生鮮食品)の前年比は、消費税率引き上げの直接的な影響を除いたベースでみて、5月には+1.4%まで改善しました。
On the inflation front, the year-on-year rate of change in the CPI(excluding fresh food), which was minus 0.5 percent when QQE was introduced, as of May this year has risen to plus 1.4 percent excluding the direct effects of the consumption tax hike.

生鮮食品を除く消費者物価の前年比は、昨年4月には消費税率引き上げの直接的な影響を除いたベースで+1.5%まで改善しましたが、夏場以降の原油価格の大幅な下落を背景に伸び率が鈍化し、直近1月は+0.2%となりました(図表8)。
The year-on-year rate of increase in the CPI for all items less fresh food for April 2014 had improved to 1.5 percent excluding the direct effects of the consumption tax hike, but its rate of increase slowed against the background of a substantial decline in crude oil prices since the summer, and the latest figure for the rate in January is 0.2 percent Chart 8.

先行きについては、消費者物価の前年比は、消費税率引き上げの直接的な影響を除いたベースでみると、今年の夏ごろまでは、基調的な物価上昇圧力が強まる一方、エネルギー価格のプラス寄与が剥落していくことから、1%台前半で推移するとみられます。
As for the outlook, the CPI inflation rate-- on the basis of figures excluding the direct effects of the consumption tax hike-- is likely to be around 11⁄4 percent until around this summer, as the underlying upward pressure on prices is likely to strengthen while the positive contribution stemming from the rise in energy prices will decline.

しかし、物価は緩やかなプラスに転じたとはいえ、(消費税率引き上げの直接的な影響を除く)消費者物価の伸び率が2014年度も僅か0.8%程度と2013年度並みに留まっており、2013年4月当初の想定を大きく下振れたのは事実です(前掲図表2-1)。
The CPI-based inflation was positive for two consecutive years, but the inflation rate was just around 0.8 percent(excluding the direct impact of the consumption tax hike) in fiscal 2014. This rate was about the same as that in fiscal 2013 and much lower than had been initially projected in April 2013 Chart 2-1.

展望レポートでは消費者物価の前年比(消費税率引き上げの直接的な影響を除くベース)の先行きを展望したうえで、見通し期間の後半にかけて、「物価安定の目標」である2%程度に達する可能性が高いと判断しています。
In the October 2013 Outlook Report, it was judged that the outlook for the year-on-year rate of change in the core CPI(excluding the direct effects of the consumption tax hikes) was expected to follow a rising trend and was likely to reach around 2 percent-- the price stability target-- toward the latter half of the projection period.

物価面をみると、消費税率引き上げの直接的な影響を除いたベースでみた消費者物価(除く生鮮食品)の前年比は、このところエネルギー価格の動向を反映して幾分プラス幅が縮小していますが、1%台前半で推移しています。
On the price front, excluding the direct effects of the consumption tax hike, the year-on-year rate of increase in the consumer price index(CPI, all items less fresh food) has been around 11⁄4 percent, although it has slowed somewhat, reflecting recent developments in energy prices.

物価上昇率の見通しを、消費税率引き上げの直接的な影響を除いたベースで、やや仔細にみると、本年夏場にかけては、基調的な物価上昇圧力は強まっていく一方、石油製品を中心としたエネルギー関連のプラス寄与が縮小していくことから、1%台前半で推移するとみています。
Looking at the outlook for prices in more detail, the inflation rate-- on the basis of figures excluding the direct effects of the consumption tax hikes-- is likely to be around 1-1/4 percent until this summer as the positive contribution stemming from the rise in energy prices such as petroleum prices will gradually decline while the underlying upward pressure on prices is likely to strengthen.

消費税率引き上げの直接的な影響を除いて消費者物価の先行きを展望すると、当面はゼロ%近傍で推移した後、企業収益や雇用の増加、賃金の上昇など、経済全般の改善を反映するかたちで、徐々に緩やかな上昇に転じると想定しています。
Excluding the direct effects of the consumption tax hike on prices, the year-on-year rate of change in the CPI is expected to hover around 0 percent for the time being and start rising gradually thereafter reflecting the improvement in overall economic activity, such as increases in corporate profits and employment as well as a pickup in wages.

もっとも、実際の物価は、生鮮食品を除く消費者物価の前年比でみると、昨年夏以降、主として原油価格の大幅な下落から伸び率が鈍化し、今年の1月は消費税率引き上げの直接的な影響を除いたベースで+0.2%となりました(図表8)。
However, in terms of the year-on-year rate of increase in the CPI excluding fresh food stripping out the direct effects of the consumption tax hike, inflation has slowed since last summer due mainly to the substantial decline in crude oil prices and registered 0.2 percent in January Chart 8.

物価情勢続いて、物価情勢についてお話します。消費者物価(除く生鮮食品)の前年比は、昨年12月から4か月連続で+1.3%となった後、4月は、消費税率引き上げの直接的な影響を除いたベースでみて+1.5%と、プラス幅を幾分拡大しました(図表5)。
The year-on-year rate of change in the consumer price index(CPI, excluding fresh food) was plus 1.3 percent for four consecutive months from December last year to March this year, and, after excluding the direct effects of the consumption tax hike, accelerated somewhat to plus 1.5 percent in April Chart 5.

インフレ率が2%に達していない理由生鮮食品を除いた消費者物価の前年比(いわゆるコアインフレ率)の推移をみると、「量的・質的金融緩和」の導入直前に0.5%のボトムをつけた後、消費税率引き上げの直接的な影響を除くベースで、昨年4月の+1.5%までは順調な上昇傾向を辿りました。
Looking at developments in the year-on-year rate of change in the CPI(all items less fresh food), or the core inflation rate in Japan, it had hit a bottom of minus 0.5 percent immediately before the introduction of QQE, and thereafter, excluding the direct effects of the consumption tax hike, followed a steady rising trend until it reached 1.5 percent in April 2014.